Projects:
There are no proposed projects offshore New Hampshire.
Policy, Planning, and Regulations
- Energy Demand/Incentives: New Hampshire passed a Renewable Portfolio Standard (RPS) in 2007, requiring qualified technologies to provide a percentage of New Hampshire’s electricity requirements. The RPS requires utilities to purchase renewable energy attributes or credits from four separate generation Classes. Wind is a Class I resource. Class I resources are to provide 5% of the electricity generated by 2014 and increasing to 6% by 2015 and 15% by 2025. The New Hampshire Public Utilities Commission approves long-term power purchase agreements, but a target for achieving RPS compliance with long-term contracts has not been set. The state does not have specific offshore wind targets.
Supporting and Complementary Assets/Infrastructure
New Hampshire has a strong commitment to providing manufacturing support throughout the state. It offers an array of business, financial, and technical assistance. Moreover, the University of New Hampshire and Dartmouth College have top research departments and contribute to a highly-skilled workforce. The University of New Hampshire’s Center for Ocean Renewable Energy (CORE) has been working closely with the University of Maine to develop floating foundations for offshore wind turbines. CORE unveiled the world’s largest wind tunnel in 2010, which is used to test turbine platform strategies.
Economic Fundamentals
- Population: 1.3 million (0.4% of US, 2016)¹
- Population change (2010-2016): 1.4%²
- Civilian labor force: 0.7 million (0.5% of US, 2017)¹
- Median hourly wage (all occupations): $18.40 (2016)³
- State corporate income tax rate: 8.2% (2016)⁴
- Per capita personal income: $58,322 (6th in US, 2016)¹
- Residential electricity prices: 19.61 cents/kWh (2017)¹
- Commercial electricity prices: 14.30 cents/kWh (2017)¹
- Industrial electricity prices: 11.95 cents/kWh (2017)¹
- Total energy production: 152 trillion Btu (0.2% of US, 2015)¹
- Net electricity generation: 780 thousand MWh (0.3% of US, 2017)¹
- Total energy consumption per capita: 229 million Btu (41st in US, 2015)¹
- Carbon dioxide emissions: 3,653 thousand metric tons (0.2% of US, 2015)¹
- Sulfur dioxide emissions: 2 thousand metric tons (0.1% of US, 2015)¹
- Nitrogen dioxide emissions: 3 thousand metric tons (0.2% of US, 2015)¹
- Total estimated technical offshore wind potential generation: 4,991 GWh/yr (0.0% of US, 2016)⁵
References: U.S. Department of Energy’s Energy Information Administration (EIA)¹; U.S. Census Bureau²; U.S. Department of Labor, Bureau of Labor Statistics (BLS)³; Tax Foundation⁴; and, U.S. Department of Energy, National Renewable Energy Laboratory (NREL)⁵